Question

Which of the following is the difference between debit cards and credit cards?

(1 point)
Responses

There are no differences.

There are no differences.

Debit cards are like a loan and credit cards access money in your account.

Debit cards are like a loan and credit cards access money in your account.

Debit cards access money in your account and credit cards are like loan.

Debit cards access money in your account and credit cards are like loan.

Debit cards have fees and credit cards do not have fees.

Debit cards have fees and credit cards do not have fees.

Answer 1

Debit cards access money in your account and credit cards are like a loan. (Credit cards let you borrow money to repay later; debit cards use your own account funds.)